Sunday, December 04, 2005

No Housing Bubble in Boston?

The debate over the Boston housing bubble continues.

You can make an argument for or against the housing bubble. Listed below are the best reasons that I have heard for against the housing bubble.

The factors that have been listed as providing the fundamental basis for the recent run-up in Boston home prices:

1. Shortage of buildable lots.

2. Enviromental restrictions on buildings.

3. Growing incomes.

5. Growing population of foreign immigrants with high paying jobs.

www.fordrealty.net

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